Oilseeds Market Forecasts USD 243.542 Billion by 2030, CAGR 4.20%

0
128

Global Oilseeds Market Highlights

The Oilseeds Market Size was valued at USD 182.6 billion in 2022. The oilseeds market industry is projected to grow from USD 190.2692 Billion in 2023 to USD 243.542 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.20% during the forecast period (2023 - 2030). The rising need for biofuels in developing and developed countries is the key market driver enhancing market growth.        

The global oilseeds market has been segmented based on category, oilseed type, biotech trait, and region.

 The global Oilseeds Market has been segregated, by category, into conventional and genetically modified. The conventional segment is expected to dominate the global oilseeds market during the assessment period and is expected to register the higher CAGR during the forecast period owing to the high production cost of genetically modified seeds. However, to respond to the growing demand for oils, farmers are gradually adopting seeds with biotech traits to improve the yield effectively which is expected to lead to the growth of the genetically modified segment in the future.   

On the basis of oilseed type, the global oilseeds market has been divided into soybeans, sunflower seeds, cotton seeds, canola seeds, and others. The soybean segment is expected to dominate the global oilseeds market and is projected to have a substantial growth rate during the assessment period with yield improvement in the US and expansion of soybean production area in Brazil, China, and India. However, the sunflower oil segment is expected to exhibit the highest CAGR during the forecast period due to the growing demand for sunflower oil as a cooking oil in the escalating number of households.

The global market for oilseeds has also been classified, by biotech trait, as insecticide-resistant, herbicide-tolerant, and other stacked traits. The herbicide-tolerant segment is expected to dominate the market. However, the insecticide-resistant segment is expected to register the highest CAGR during the forecast period.

Key Players

Some of the key players in the global oilseeds market are BASF SE (Germany), Monsanto Company (US), Groupe Limagrain Holding (France), Syngenta (Switzerland), DuPont (US), Nuziveedu Seeds Ltd (India), Land O'Lakes, Inc. (US), Cargill, Incorporated (US), Seed Co Limited (South Africa), and Mahyco Seeds Company Limited (India)

Regional Analysis

On the basis of region, the global oilseeds market has been segmented into North America, Europe, Asia-Pacific, and RoW. North America is expected to dominate the global oilseeds market with the US being the major contributor to the growth of the market. Moreover, the growing adoption of genetically modified seeds by US farmers is expected to fuel the growth of the North American market during the review period. Asia-Pacific also held a significant share of the global oilseeds market in 2022 and the regional market is expected to register the highest CAGR during the forecast period. The growing demand for vegetable oil and increasing demand for soymeal in the feed industry are driving the growth of the oilseeds market in Asia-Pacific. Europe is also estimated to hold a prominent share of the global oilseeds market. In the rest of the world, Brazil is expected to hold the majority share of the oilseeds market.

Request Free Sample Report - Receive a free sample report to preview the valuable insights and data we offer.

About US

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,10013, United States of America

Sales: +1 628 258 0071 (US) +44 2035 002 764 (UK)

Email: Sales@marketresearchfuture.com 

Αναζήτηση
Κατηγορίες
Διαβάζω περισσότερα
Health
Buy Ambien Without Prescription Discreetly Overnight Delivery.
What Is Ambien?   Ambien is a potent drug for treating problems related to sleep. People can...
από Adderall Online In Usa 2023-08-03 07:26:13 0 499
Health
summer valley cbd
summer valley cbd - Individuals with torment are likewise assaulted with diseases like absence of...
από Summer Valley Cbd 2021-12-07 15:58:31 0 790
άλλο
Assessing Market Trends and Drivers in the Galvanized Steel Coil Landscape (2024-2030)
 Market Overview Maximize Market Research has published an intelligence report entitled...
από Snehal Wadekar 2024-02-16 10:53:54 0 206
άλλο
Competitive Landscape in the Blowout Preventer (BOP) Market: Innovations and Key Players
 Blowout Preventer (BOP) Market size is expected to reach nearly USD 40.37 Bn by 2030 with...
από Priti Shinde 2024-09-16 06:11:24 0 41
άλλο
Pass Your VMware 1V0-701 Exam Questions and Answers
Getting VMware Certified Associate – Digital Business Transformation Exam Certification is...
από Jasonplay Play 2022-06-27 10:27:17 0 1χλμ.